Daily Market Commentary

The bears finally showed some teeth after the bulls had pushed the indices above some key moving averages. The S&P had been up 7 of the previous 8 trading days but of course stocks don't go up everyday, even in the strongest of bull markets. It was some bearish comments from the CEO of JPMorgan Chase, plus a decline in jobs openings from the JOLTS report suggesting a possible negative turn in the jobs market, that gave investors a reason to take some profits, and only time will tell if the ...

The Dow jumped another 300+ points to start April and the second quarter, but it was a little more mixed out there than the Dow suggested. Tech, the Transports, and small caps lagged on the day. The I-fund led the TSP funds with another decline in the dollar assisting. OPEC+ is cutting oil their supply so we are seeing oil prices move up again.

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The 1st quarter ended with an exclamation point as the Dow gained 415-points, small caps jumped 2%, and the bulls have seemingly taken full control. It was a quarter that saw the small caps have a great January, but things turned around in March after the banking issues, and now it's the I and and C-funds leading the way for the year, but here comes a new month and a new quarter and the bears may have something to say after lying down for the last couple of weeks. Bonds rallied as yields are near ...

The market continued its upside momentum as we head into the end of a successful first quarter for stocks. The Dow was up 141-points, and other than some minor losses in the Russell 2000, the gains were fairly broad among the various indices. Bonds were up on a dip in yields, and the I-fund led the TSP funds with the help of another decline in the dollar.

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The market has been climbing that wall of worry in the latter half of March as the bank failures have come out of the headlines and investors are now more focused on the Fed possibly pausing or cutting interest rates before the end of the year. The Dow gained 323-points, or 1%, and that was the lagging index of the major indices. Bond yields lost a large morning gain to end lower, sending bond prices and the F-fund up modestly. The I-fund broke out of its descending channel and the S&P is ...